Moody's Investors Service believes more Atlantic City closings are likely. The financial research firm said the opening of 8 new non-Jersey casinos in the region is likely to have an impact on the New Jersey market. Four nearby states -- New York, Pennsylvania, Massachusetts, and Maryland -- plan on opening
ACR Energy Partners and the Revel Casino's new owners, Polo North, came to a long-awaited agreement in a months-long lawsuit over electricity costs. The deal should open the door to Revel Casino's reopening sometime in 2016. According to NJ.com, U.S. District Court Judge Jerome Simandle helped arrange a deal between
Nevada Attorney General Adam Laxalt said this week he would support Restore America's Wire Act, the proposed bill in the United States Congress which would ban online gambling on a nationwide basis. Adam Laxalt's said he would sign a letter supporting RAWA, if it would influence members of Congress to
The New York Supreme Court heard arguments from lawyers representing DraftKings, Fanduel, and the State Attorney General on Wednesday. Each side is arguing about the legality of daily fantasy sports in the state of New York. Lawyers for the daily fantasy sports sites claim their games are games of skill
A hearing has been set for December 9 to discuss Restore America's Wire Act in the United States House of Representatives' Oversight Committee, which is chaired by Jason Chaffets. The hearing is a sign that the Republican majority under new Speaker of the House Paul Ryan is likely to be
Betfair, the largest online betting exchange, has been licensed for betting in New Jersey. Betfair's gaming license allows to provide wagers on horse racing, but no other sports. It will partner with Monmouth Park on the services it offers. Waited Four Years for a License The UK gaming company has
Travell Thomas, a professional poker player from the World Series of Poker Circuit, was one of 15 people charged with conspiracy to commit wire fraud this week. The group operated a bogus debt collection agency which collected over $31 million in fraudulent claims over a 4-year period, before the criminal
The Director of the New Jersey Division of Gaming Enforcement said in an interview this week the state would seek to legalize online sports betting, if ever it was successful in legalazing land-based sportsbooks. David Rebuck, the DGE's director, also said he was "more optimistic than ever" that the state
The New York Attorney General has added Yahoo! to the list of daily fantasy sports services he is investigating. Eric Schneiderman vowed to investigate the DFS industry in the wake of the Ethan Haskell draft percentage scandal, in which a DraftKings employee was accused of using his company's statistics to
The Pennsylvania House of Representatives unanimously approved HB 322 today, which adds an additional sentencing options to a law involving the self-exclusion list for gaming and trespassing at casinos. The bill was sponsored by Rep. Mauree Gingrich, a Republican from Lebanon County. House Bill 322 applies to people who voluntarily
The Caesars Entertainment creditors who are suing the Las Vegas casino company are seeking to have a lawyer put on the stand to testify. The creditors want the attorney, who works for Caesars Entertainment, to explain the decision making process behind his employer choosing to renege on a $7 billion
Holly Holm knocked out Ronda Rousey to win the UFC Womens Bantamweight title, in what is being described as the biggest upset in the history of mixed martial arts. David "Vegas Dave" Oancea, the sports gambler who famously made $2.5 million making a Kansas City Royals futures bet recently, made
